On Credit: Accountants track partial payments on debts and liabilities using the term "on credit" (or "on account").
(also partial payment) Add to word list Add to word list. a payment that is less than the whole amount owed: part payment for sth The company received 500,000 shares as part payment for the sale of its transport division. We are unable to repay the debt, but have offered to make a partial payment.
Split payments or split tenders are attractive to buyers as they can offer more flexibility and control over how they pay. For example, a customer could pay for a large purchase by putting a specified amount on their debit card and the remainder on a credit card.
A common synonym is "installment." Both terms describe paying a part of the total sum over multiple transactions or periods. Other alternatives are "partial remittance," "fractional payment," or "partial settlement.
“Going Dutch” (Splitting the bill) Going Dutch(sometimes written with lower-case dutch) is a term that indicates that each person participating in a paid activity covers their own expenses, rather than any one person in the group defraying the cost for the entire group.
(hɑːf peɪ ) noun. half the usual salary or wages. In the event of his being unable to work due to illness, he will be paid six months' full pay followed by six months' half pay. He has been suspended on half pay.
10 other terms for portion of money. amount of cash. financial share. fraction of funds. sum of money.
Definition for payment. noun as in fee; installment of fee. Synonyms Antonyms. Strongest matches. amount, award, cash, deposit, disbursement, fee, outlay, pension, premium, refund, reimbursement, remittance, reparation, repayment, restitution, return, reward, royalty, salary, settlement, subsidy, sum, support, wage.
Hi there, I hope this email finds you well. This note is just a friendly reminder that the due date on invoice #XXXX is approaching, and the payment is due in X days. We wanted to take the opportunity to remind you of our payment schedule, which is a [Net 30, etc.]
For example, if a buyer owes $100 to a seller, but can only pay $50 at the moment, the seller may accept the $50 as part payment and consider the debt partially discharged. Part payment is a common practice in business transactions, especially when the buyer is unable to pay the full amount owed at once.
Partial payment is a payment towards an invoice for less than the full amount claimed by the creditor. Partial payments are commonly used in business, either put in place before a contract is signed or as pay installments to help a client struggling to pay their bills.
A partial payment, in simpler words, means paying just a part of the full total bill. Businesses use this payment method to reduce stress while making big payments. Businesses often get hefty invoices that require payment right away. In such a scenario, partial payments come into the picture!
Other terms for partial payment include part payment, installment payment, down payment, or upfront payment.
We understand that it may be a busy time, but we wanted to remind you of your outstanding payment on invoice # [number] due [date]. We have attached an additional copy of the invoice for easy reference. If you have any questions regarding your payment, please don't hesitate to reach out.
Partial pay refers to a payment that is less than the full amount owed. This typically occurs when purchased goods or services are paid for over time. Partial pay is sometimes called a part payment, a down payment, upfront payment, or an installment payment.
Split payment (also split payment transaction, or split tender) is the financial term for the act of splitting (dividing) a single and full amount of payment in two or more simultaneous transactions made by different payment methods and/or enable several individuals to jointly contribute part of the order total.
Select the amount you want paid upfront
For partial payment for larger projects, it is reasonable to ask for 25-75% of the entire project amount upfront. For smaller jobs, you can send a partial payment invoice and collect a deposit before invoicing the rest of the money when the job is completed.
(pɑːt ˈpeɪmənt ) noun. partial payment; a payment that is not the full price. Some companies will accept goods in part payment for their products.
allocate allot apportion distribute divvy dole halve partition. Weak matches. carve up divvy up go even-steven go fifty-fifty mete out parcel out slice the pie slice up.
For example, both Canadians and Americans refer to a $100 note as a C-note, but an American might refer to it as a Benjamin, after its portrait of Benjamin Franklin, while a Canadian might refer to it as a Borden, after its portrait of Robert Borden.
V. is an abbreviation that can mean several things. It can stand for "versus," which means "against" or "competing with." It can also stand for "volume," which refers to the amount of space something takes up. Another meaning is "verb," which is a type of word that describes an action or state of being.